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solar power energy

China Adds 40 GW Of Solar To Grid In 2020

China has brought about 40 gigawatts (GW) of new solar power into operation in 2020, taking its total installed solar capacity to 240 GW. As per Wang Bohua, vice-chairman of the China Photovoltaic Industry Association (CPIA), China’s total solar capacity had increased more than fivefold since 2015 and could double in the next five years […]

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Sungrow Supplies Inverters for 100 MW Solar Plant in Hungary

Solar PV inverter solutions provider – Sungrow has announced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is one of the largest solar projects and biggest investment of this nature in entire Central Europe. Committing to support Hungary’s climate policy targets, including energy production […]

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Amazon Adds 26 new Solar and Wind Projects, Takes 2020 Total Beyond 4 GW

Amazon has added 26 new wind and solar projects totaling 3.4 GW of electricity production capacity to its corporate purchase portfolio. Global e-commerce major, Amazon has announced that it has added 26 new utility-scale wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity production capacity to its corporate purchase portfolio. With the latest […]

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Husk Power 1st Minigrid Firm to Power 100 Communities, 5000 Micro-Enterprise Customers

Husk Power has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Husk Power Systems, a leading rural energy company operating renewable minigrids in Asia and Africa, has announced that it has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Despite the […]

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ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project

The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […]

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CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing

CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […]

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Panasonic Expands EverVolt™ Portfolio with New High Power, High Efficiency Solar Modules

EverVolt Solar Modules deliver 350W-370W in a streamlined, sophisticated style that fits any home Panasonic Corporation of North America today unveiled its new EverVolt™ Solar Modules series with the introduction of four new modules designed to accompany its EverVolt™ Battery Storage system. The EverVolt Solar Modules provide advanced efficiency and performance – even in high temperatures – as well as […]

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China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF

According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […]

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Volvo Cars to Produce of Electric Motors at its Powertrain Plant in Sweden

Volvo Cars has announced its target of producing electric motors at its powertrain plant in Skövde, Sweden. Planning to establish complete in-house E-motor production with an investment of 700 million SEK by mid-decade. The company is aiming to become a premium electric car company with 50 percent of its global sales to be fully electric […]

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